Zenith Energy (Zenith Energy) Change In Inventory : $-1.08 Mil (TTM As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Zenith Energy Change In Inventory?

Zenith Energy's change in inventory for the quarter that ended in Sep. 2023 was $-1.08 Mil. It means Zenith Energy's inventory increased by $1.08 Mil from Mar. 2023 to Sep. 2023 .

Zenith Energy's change in inventory for the fiscal year that ended in Mar. 2023 was $0.00 Mil. It means Zenith Energy's inventory stayed the same from Mar. 2022 to Mar. 2023 .

Zenith Energy's Total Inventories for the quarter that ended in Sep. 2023 was $4.84 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zenith Energy's Days Inventory for the quarter that ended in Sep. 2023 was 1,213.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zenith Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.15.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Zenith Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 4.74.

Zenith Energy Change In Inventory Historical Data

The historical data trend for Zenith Energy's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zenith Energy Change In Inventory Chart

Zenith Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

Get a 7-Day Free Trial

0.02

-0.10

0.63

-4.56

Zenith Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-0.69	-3.88	-4.84	-	-1.08

Zenith Energy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.08 Mil.

Zenith Energy (OTCPK:ZENAF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Zenith Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.775	/	0.718	*	365 / 2
	=	1,213.70

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Zenith Energy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.718	/	4.775
	=	0.15

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Zenith Energy's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.775	/	1.007
	=	4.74

Zenith Energy Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zenith Energy's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zenith Energy (Zenith Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zenith Energy Ltd (OTCPK:ZENAF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ZENA:Norway ZEN:UK ZCL:Germany

Address

421 - 7th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 4K9

Website

https://www.zenithenergy.ca

Zenith Energy Ltd is an international independent oil and gas company with production, exploration and development assets in the Republic of the Congo, Italy and Tunisia. The company's strategic focus is the development of proven revenue generating oil production assets, as well as low-risk exploration activities in assets with existing production.

Zenith Energy (Zenith Energy) Headlines

From GuruFocus

Zenith Energy Ltd. Publication of Half-Year Results

By ACCESSWIRE • 12-29-2023

ICC Arbitration Proceedings Against ETAP

By ACCESSWIRE • 11-01-2023

Update on United States Portfolio

By ACCESSWIRE • 01-18-2024

New Kazakhstan Subsidiary and Pre-contract Terms

By ACCESSWIRE • 11-30-2023

ICC Arbitration for SLK against Tunisia

By ACCESSWIRE • 12-06-2023

ZENITH ENERGY LTD.: Acquisition of Devonian Petroleum Limited

By ACCESSWIRE • 12-20-2023

ICC Arbitral Tribunal Awards Costs

By ACCESSWIRE • 11-29-2023

MoU - South Sudan

By ACCESSWIRE • 11-28-2023